Jon E. Jacobs - 08 Dec 2021 Form 4 Insider Report for Decarbonization Plus Acquisition Corp III (SLDP)

SEC evidence 4 source fields
Form type
4
Accepted by SEC
08 Dec 2021, 19:00:10 UTC
Next filing
13 May 2022
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
/s/ James Liebscher, attorney-in-fact on behalf of Jon E. Jacobs

Key filing fact

Jon E. Jacobs filed Form 4 for Decarbonization Plus Acquisition Corp III (SLDP) on 08 Dec 2021.

Key facts

  • This page summarizes Jon E. Jacobs's Form 4 filing for Decarbonization Plus Acquisition Corp III (SLDP).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 08 Dec 2021, 19:00.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SLDP transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+1,034,143
Change %
Price
Shares after
1,034,143
Date
08 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,034,143
Exercise price
$5.92
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

25% of the total number of shares issuable upon exercise of the option will vest on October 18, 2022, and 1/36 of the remaining shares issuable upon exercise of the option vest monthly thereafter.

Footnote F2

On December 8, 2021, the Issuer completed the merger (the "Merger") pursuant to the as amended Business Combination Agreement and Plan of Reorganization, by and among the Issuer, a wholly owned subsidiary of the Issuer, and Solid Power, Inc. ("Solid Power"). At the effective time of the Merger (the "Effective Time"), each Solid Power option was converted into an option to purchase a number of shares of Common Stock of the Issuer, equal to the product (rounded down to the nearest whole number) of (x) the number of shares of Solid Power Common Stock subject to such Solid Power Option immediately prior to the Effective Time and (y) an exchange ratio calculated at closing (the "Exchange Ratio"), at an exercise price per share (rounded up to the nearest whole cent) equal to (A) the exercise price per share of such Solid Power Option immediately prior to the Effective Time divided by (B) the Exchange Ratio.

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